Sivia Capital Partners LLC Buys New Position in O’Reilly Automotive, Inc. (NASDAQ:ORLY)

Sivia Capital Partners LLC bought a new stake in shares of O’Reilly Automotive, Inc. (NASDAQ:ORLY) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 265 shares of the specialty retailer’s stock, valued at approximately $252,000.

Several other hedge funds have also recently added to or reduced their stakes in ORLY. Fiera Capital Corp raised its holdings in O’Reilly Automotive by 2.9% in the 3rd quarter. Fiera Capital Corp now owns 537 shares of the specialty retailer’s stock valued at $488,000 after acquiring an additional 15 shares in the last quarter. Paralel Advisors LLC raised its holdings in O’Reilly Automotive by 1.2% in the 3rd quarter. Paralel Advisors LLC now owns 2,253 shares of the specialty retailer’s stock valued at $2,048,000 after acquiring an additional 26 shares in the last quarter. PNC Financial Services Group Inc. raised its holdings in O’Reilly Automotive by 10.9% in the 3rd quarter. PNC Financial Services Group Inc. now owns 39,954 shares of the specialty retailer’s stock valued at $36,313,000 after acquiring an additional 3,943 shares in the last quarter. Aviva PLC raised its holdings in O’Reilly Automotive by 39.4% in the 3rd quarter. Aviva PLC now owns 17,626 shares of the specialty retailer’s stock valued at $16,020,000 after acquiring an additional 4,984 shares in the last quarter. Finally, Johnson Investment Counsel Inc. raised its holdings in O’Reilly Automotive by 19.7% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 912 shares of the specialty retailer’s stock valued at $829,000 after acquiring an additional 150 shares in the last quarter. Institutional investors own 85.00% of the company’s stock.

O’Reilly Automotive Stock Performance

Shares of ORLY opened at $1,043.25 on Tuesday. The firm has a market capitalization of $61.44 billion, a price-to-earnings ratio of 26.48, a PEG ratio of 1.85 and a beta of 0.89. The business’s fifty day moving average price is $1,021.27 and its two-hundred day moving average price is $1,028.39. O’Reilly Automotive, Inc. has a 52 week low of $860.10 and a 52 week high of $1,169.11.

O’Reilly Automotive (NASDAQ:ORLY) last announced its quarterly earnings data on Thursday, April 25th. The specialty retailer reported $9.20 EPS for the quarter, beating analysts’ consensus estimates of $9.18 by $0.02. The firm had revenue of $3.98 billion for the quarter, compared to analyst estimates of $3.99 billion. O’Reilly Automotive had a negative return on equity of 145.86% and a net margin of 14.78%. The business’s quarterly revenue was up 7.2% compared to the same quarter last year. During the same period last year, the company earned $8.28 EPS. As a group, research analysts forecast that O’Reilly Automotive, Inc. will post 41.93 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms have commented on ORLY. Mizuho began coverage on O’Reilly Automotive in a report on Tuesday, March 19th. They issued a “buy” rating and a $1,225.00 price target for the company. StockNews.com cut O’Reilly Automotive from a “buy” rating to a “hold” rating in a report on Friday, May 3rd. Truist Financial dropped their target price on O’Reilly Automotive from $1,234.00 to $1,212.00 and set a “buy” rating for the company in a report on Friday, April 26th. Wells Fargo & Company dropped their target price on O’Reilly Automotive from $1,300.00 to $1,200.00 and set an “overweight” rating for the company in a report on Thursday, April 25th. Finally, Evercore ISI increased their target price on O’Reilly Automotive from $1,255.00 to $1,275.00 and gave the stock an “outperform” rating in a report on Tuesday, May 14th. Four analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $1,123.64.

Insider Buying and Selling at O’Reilly Automotive

In other news, CEO Brad W. Beckham sold 6,032 shares of the firm’s stock in a transaction on Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the transaction, the chief executive officer now directly owns 716 shares in the company, valued at approximately $726,740. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other O’Reilly Automotive news, Director Lawrence P. Oreilly sold 1,500 shares of O’Reilly Automotive stock in a transaction dated Wednesday, May 29th. The stock was sold at an average price of $949.50, for a total transaction of $1,424,250.00. Following the transaction, the director now directly owns 31,613 shares in the company, valued at $30,016,543.50. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Brad W. Beckham sold 6,032 shares of O’Reilly Automotive stock in a transaction dated Friday, May 3rd. The stock was sold at an average price of $1,015.00, for a total value of $6,122,480.00. Following the transaction, the chief executive officer now owns 716 shares in the company, valued at $726,740. The disclosure for this sale can be found here. Corporate insiders own 1.18% of the company’s stock.

About O’Reilly Automotive

O'Reilly Automotive, Inc, together with its subsidiaries, operates as a retailer and supplier of automotive aftermarket parts, tools, supplies, equipment, and accessories in the United States, Puerto Rico, and Mexico. The company provides new and remanufactured automotive hard parts and maintenance items, such as alternators, batteries, brake system components, belts, chassis parts, driveline parts, engine parts, fuel pumps, hoses, starters, temperature control, water pumps, antifreeze, appearance products, engine additives, filters, fluids, lighting products, and oil and wiper blades; and accessories, including floor mats, seat covers, and truck accessories.